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Budget 2018: Startup CXOs demand tax sops for employees and reduction in GST

Here is what India's startup CXOs are demanding from the government in Budget 2018

January 31, 2018 / 05:23 PM IST
Arun jaitley_Startup

Arun jaitley_Startup

Even as Budget 2018 is expected to be announced this week, startups and small businesses in India are asking for relaxation in compliance, reduction in GST rates and exemptions of tax on their employees. Here is what India's startup CXOs are demanding from the government in Budget 2018:

Hospitality Sector:

Puneet Gupta, co-founder, and COO, icanstay:

“Startups are very important part of economic growth, innovation, and worldwide competitiveness because we provide eccentric service and in doing so, we are producing great employment opportunities. A startup is all about a new idea, new concepts, and innovation said "Gupta.